-
08-10-2017, 08:55 AM
#2781
Member
Originally Posted by humvee
Congratulations, an excellent RAR humvee. Most of your loans will be at scorecard 1.0 interest rates rather than the new (and lower) scorecard 1.5 interest rates. The interest rate reductions particularly affect E and F grade loans. The offset is meant to be less charge-offs so it will be a good acid test to compare in say 2 - 3 years time to see if Harmoney's risk/return profile is correct or in fact lenders have taken a drop in returns as a result of the change from scorecard 1.0 to 1.5 (assuming your investment criteria/loan mix remain the same).
-
08-10-2017, 09:10 AM
#2782
Member
A fantastic return
Originally Posted by humvee
Thanks for sharing, Humvee. 15.69% per year is a fantastic return for any investment.
-
09-10-2017, 03:05 PM
#2783
Originally Posted by humvee
Solid return, wonder if it would not be beneficial to stop funding F loans entirely and focus on C-E.
How many loans have been written off?
-
10-10-2017, 10:04 AM
#2784
Member
Originally Posted by permutation
Well done Humvee, 15.69% is a great RAR. I can see the good result is because you start from C Grade and upward.
I'm wondering through my experience over a similar time frame , whether your E and F grades will have some negative effect on your RAR through defaults.
Analyzing your 2nd graph, your RAR has been slowly descending, or do you think, you have by now flushed out all the bad E,F's?
A Reduction in E & F loans has generally resulted in a reduction in RAR I have attached my graph from june 2016. Most of the shift in grade balance has just happened rather then anything I have tried to do, my autolend rules include F1-F4 grades but many of these f grades loans would be blocked by other rules like income to repayment ratio, home status, time in job etc, so most F grades are manual lends - and increase in autolend volume has diluted the F grade ratio.
rar-2016-06-19.PNG
-
11-10-2017, 03:51 PM
#2785
Member
Hmmm ... Both harmoney and lending crowd down currently, Lending crowd has sent out an email, No word from harmoney
harmoney down.jpg
-
11-10-2017, 06:00 PM
#2786
Investor
Originally Posted by humvee
Hmmm ... Both harmoney and lending crowd down currently, Lending crowd has sent out an email, No word from harmoney
harmoney down.jpg
Harmoney is back up.
-
12-10-2017, 12:55 PM
#2787
Member
Originally Posted by Art
Interest $13,352
Charged-off $2,158
Recoveries $7
lol
for me:
Interest $14,066
Charged-off $2,425
Recoveries $3
been in just over year (in total), with $50k deployed aug 16 - dec 16, and the another $50k jan 17 - mar 17.
-
13-10-2017, 01:58 PM
#2788
Member
What's going on with the platform!? They've had only two $40k loans listed since yesterday that don't seem to be taken up very fast, and nothing else.??
I can't believe in a country of 4.4 million people that this is all we get.
Has anyone else noticed that loading any data on the site has become very slow in the last couple of days?
-
13-10-2017, 04:34 PM
#2789
Member
Originally Posted by permutation
What's going on with the platform!? They've had only two $40k loans listed since yesterday that don't seem to be taken up very fast, and nothing else.??
I can't believe in a country of 4.4 million people that this is all we get.
Has anyone else noticed that loading any data on the site has become very slow in the last couple of days?
Yes - Harmoney has turned to custard. Very slow loading, very few loans for the last week but plenty today. Only problem is that everytime today I hit the 'Confirm Order' button to invest it fires back 'THERE WAS AN ERROR' and I'm not invested. Never thought it could be so hard to give money away!
Last edited by joker; 13-10-2017 at 04:35 PM.
Reason: Correct spelling error
-
13-10-2017, 04:42 PM
#2790
Member
Originally Posted by joker
Yes - Harmoney has turned to custard. Very slow loading, very few loans for the last week but plenty today. Only problem is that everytime today I hit the 'Confirm Order' button to invest it fires back 'THERE WAS AN ERROR' and I'm not invested. Never thought it could be so hard to give money away!
Ditto - glad I am not the only one with this problem.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks